Microfinance Industry Indicators Indicators Dec-17 Dec-18 YoY Growth Absolute change % Number of Branches 3,673 4,239 566 15.4 Total No. of Borrowers 5,800,457 6,936,554 1,136,097 19.6 Gross Loan Portfolio (Rs billion) 202.70 274.70 72 35.5 Average Loan Balance 48,695 55,173 6,478 13.3 [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″] Microfinance Banking Indicators (Rs Billion) Indicators Mar-18 Mar-19 Growth in (%) No. of Branches 916 1,087 18.67 Number of Borrowers 2,777,164 3,371,695 21.41 Gross Loan Portfolio 152 201.27 32.70 Deposits 189 236.02 25.10 Number of Depositors 25,492,075 36,111,999 41.66 Equity 36 48.44 35.36 Assets 255.03 325.22 27.52 Borrowings 14.05 19.95…
Author: S. Kamal Hayder Kazmi
Analysis of Economic Survey FY2019 of Pakistan recorded that the main purpose of public debt management is to make sure that the government’s financing needs are met at the lowest possible cost over the medium to long term, consistent with a prudent degree of risk. As a catalyst the debt may well act in the course of growth of an economy as long as the economic returns are higher than the cost of borrowed funds. Therefore, borrowed funds are bound to be correctly used and should conform to the country’s debt repayment capacity. Historically, the government officials also added that…
The government officials revealed that Pakistan had a Gender Inequality Index (GII) ranking of 133 in the 2017. It is not an encouraging sign that female participating in the labour market is also declining with the passage of time, viz, from 15.8 percent in FY2015 to 14.5 percent in 2017-18. Furthermore, the Labour Force Survey 2017-18, showed that women are concentrated in agriculture with a share of 67 percent, while in manufacturing they have a share of 16 percent and in community and personal services they have a share of 14.6 percent. In the case of occupational groups, women are…
*Imran Khan’s phone call with Ethiopian Prime Minister Prime Minister Imran Khan, held a telephone conversation with Prime Minister Abiy Ahmed Ali of Ethiopia. In the context of Pakistan’s ‘Engage Africa’ policy, the Prime Minister emphasized the significance of closer bilateral ties with Ethiopia. The Prime Minister also reiterated his felicitations to Prime Minister Abiy on winning the 2019 Nobel Peace Prize, source added. The Prime Minister conveyed Pakistan’s solidarity with the government and people of Ethiopia, and commended their effective initiatives to control the spread of COVID-19. It is also added that the discussion focused on debt relief matters,…
ASIA-PACIFIC REGION Philippines GDP declines for first time since 1998 on shutdowns The Philippine economy contracted in the first three months of 2020 as restrictions to stem the coronavirus outbreak shut most businesses and sapped consumption, a trend seen worsening in the current quarter. Gross domestic product fell 0.2 percent in the first quarter compared to a year ago, using 2018 as the new base year, the Philippine Statistics Authority said Thursday. That was worse than the median estimate of a 2.9 percent growth in a Bloomberg survey of economists and was the first contraction since the fourth quarter of…
*Environmental regulations Presently Shipping operates under a complex set of international and national regulations. Traditionally, the leaps in regulations have been event driven, and in some cases even driven through events outside the sector. A wellknown example is the Exxon Valdez oil spill, which resulted in the US Oil Pollution Act (OPA) and mandatory double hull design. While environmental regulations in the maritime industry have historically lagged behind those of other industries, this condition is now changing. An increased focus on both worldwide and local environmental issues in general, combined with the growing realisation of the actual pollution burden imposed…
Commodity markets in 2020 Gold International experts revealed that 2019 has been a golden year for precious metals as escalated trade disputes created a risk-averse environment among investors and demand for safe-haven assets increased. They expect the trend to continue in 2020 as most issues are still unresolved, even though both the US and China have been making efforts to prevent the situation from getting worse. Increased prices may continue to weigh on physical gold demand, particularly in emerging economies counting China and India. A stronger US dollar and higher import duties continue to add pressure on consumers. For platinum…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] (Stocks in Million Rupees) 1) Broad Money (M2) Components 13-Mar-20 20-Mar-20 27-Mar-20 3-Apr-20 A. Currency in Circulation 5,594,282 5,578,569 5,622,399 5,748,903 B. Other Deposits with SBP 33,590 33,391 33,341 33,406 C. Total Deposits with Banks 13,218,119 13,260,999 13,533,519 13,545,238 Broad Money (M2) (A+B+C) 18,845,991 18,872,958 19,189,259 19,327,547 Factors Affecting Broad Money (M2) A. Net Foreign Assets of the Banking System -405,004 -519,277 -597,935 -735,857 B. Net…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market (Apr 17 2020) Currency Symbol Buying Selling Australian Dollar AUD 97.5 103.25 Bahrain Dinar BHD 434.5 436.5 Canadian Dollar CAD 115.75 120.75 China Yuan CNY 23.35 23.5 Danish Krone DKK 23.9 24.2 Euro EUR 185.5 188.25 Hong Kong Dollar HKD 21.2…
COVID-19 in numbers* (April 17, 2020) Globally2 074 529 confirmed (82 967) 139 378 deaths (8493) European Region1 050 871 confirmed (37 778) 93 480 deaths (4163) Region of the Americas743 607 confirmed (36 486) 33 028 deaths (2783) Western Pacific Region127 595 confirmed (2024) 5558 deaths (1319) Eastern Mediterranean Region115 824 confirmed (4392) 5662 deaths (130) South-East Asia Region23 560 confirmed (1770) 1051 deaths (61) African Region12 360 confirmed (517) 586 deaths (36) * Total (new cases in last 24 hours) [divider style=”normal” top=”20″ bottom=”20″] Coronavirus global threat (April 17, 2020) Location Confirmed Recovered Deaths Pakistan 7,025 1,765 135…
Before the Covid-19 infections commenced to be detected in Pakistan, the country’s economy the economist of Pakistan revealed, had clearly moved out of the crisis-management mode. The current account statistics were getting better every month, and foreign exchange reserves were shoring up progressively. Furthermore over the upcoming 24 months, headline inflation was predicted to revert to the medium-term target of 5 to 7 percent. Nevertheless, attaining this year’s real GDP growth rate target of 4.0 percent was improbable, as the agriculture sector’s condition was lower than predictions. According to the officials of Pakistan, significantly the current account deficit has shrunk,…
According to Imperial College London, various people could die globally from coronavirus unless the international experts see urgent intervention. Since World War II unfold, they also could see the world’s biggest humanitarian disaster. No doubt, the Government of Pakistan has been passing by a tough condition as it is still fighting with both COVID-19 and hunger simultaneously. The policy makers have to make decisions for the whole population in Pakistan and not just a few thousands. From the other countries the ground reality in Pakistan was dissimilar. As compared to the various states the situation was much better in the…
Presently in the ‘PM Relief Fund for COVID-19’, the Government of Pakistan requested to overseas Pakistanis to donate generously to assist country handle with the ongoing health shortages in Pakistan. Because of lockdown to combat coronavirus, Prime Minister Imran Khan has been seeking donation from foreign Pakistanis and the global monetary organisations as our country faces severe economic crisis. Pakistan is one of the largest labour exporting countries of the region, analysis of Economic Survey of Pakistan FY2019 revealed, and since 1971 more than 10.61 million Pakistanis have proceeded abroad for employment. Survey analyzed that there is a main fall…
The economists urged that nothing is safe from disruptions globally and various main companies are considering bringing back manufacturing facilities and seems less interested in economic integration. In Pakistan because of ongoing coronavirus spread, industrialists urged that the lockdown in the country poses a threat to their survival because of sluggish production and additional cost of paying wages to an unproductive workforce. The industrial sector also urged it is now struggling to stay afloat amid the lockdown, with rising numbers of industrialists, already burdened with various taxes, higher utility charges and interest rates, expressing their inability to pay workers in…
*United Nation supports Imran Khan’s call for global initiative on debt relief Sources recorded that the UN Secretary-General Antonio Guterres has supported Prime Minister Imran Khan’s call for a ‘Global Initiative on debt relief’ to offer debt relief for the developing states in wake of economic meltdown generated through the coronavirus pandemic. Addressing a regular virtual press briefing in New York, the Spokesman of the UN Secretary-General, Stephane Dujarric said PM Imran Khan’s initiative is in the same spirit as the Secretary-General’s own position. He said the UN Chief hopes that debt relief must be a significant part of the…
ASIA-PACIFIC REGION Philippine economy may shrink by 2pc — S&P S&P Global Ratings expects the Philippine economy to shrink by 2 percent this year — a sharp revision from its 4.2 percent growth estimate given in March — as the world comes to grips with the human and economic price of the novel coronavirus pandemic. The debt watcher had projected a baseline 6 percent gross domestic product (GDP) growth for the country in December, long before the coronavirus disease 2019 developed into a global health crisis. The expected contraction compares with the flat growth or a contraction of as much…
*Trends in the offshore market In the different research researchers revealed that this market is driven by the high price of oil and through investments in offshore exploration and production (E&P). These drivers apply consistently, with comparatively low growth globally. Existing resources on land and in shallow waters are being depleted, and new discoveries are being made in deeper and harsher environments like in offshore Brazil, West and East Africa, the Arctic region and Southeast Asia. As the world will need fossil fuels at a growing rate for the foreseeable future, overall offshore expenditures would rise in the next 10-20…
Commodity Markets In 2020 LNG The Researchers analyzed that the market is still struggling to digest the glut of LNG that they are presently experiencing. Asian LNG prices have been weak for much in 2019 as they continue to see a ramp up in supply from the US, Australia and Russia. The autumn rally that they have seen has been short-lived, with the market under pressure once again even as they move into winter. The pressure on Asian prices has also had an impact on hubs in other regions, with record volumes of LNG making their way into Europe this…
Promote gender equality, Sheryl Sandberg urges HBS grads Facebook COO Sheryl Sandberg is one of the most inspiring women in tech in our time. Back in 2012, she delivered a speech to the graduating class of Harvard Business School, which was truly remarkable, motivational and powerful. Sandberg urged the graduates to “get on a rocketship whenever you get the chance”, turning the address to one of the greatest speeches ever. Get inspired with the following main outtakes from Sheryl Sandberg’s HBS Class of 2012 Address: “Now ordinary people have voice, not just those of us lucky to go to HBS,…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] (Stocks in Million Rupees) 1) Broad Money (M2) Components 13-Mar-20 20-Mar-20 27-Mar-20 3-Apr-20 A. Currency in Circulation 5,594,282 5,578,569 5,622,399 5,748,903 B. Other Deposits with SBP 33,590 33,391 33,341 33,406 C. Total Deposits with Banks 13,218,119 13,260,999 13,533,519 13,545,238 Broad Money (M2) (A+B+C) 18,845,991 18,872,958 19,189,259 19,327,547 Factors Affecting Broad Money (M2) A. Net Foreign Assets of the Banking System -405,004 -519,277 -597,935 -735,857 B. Net…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market (Mar 20, 2020) Currency Symbol Buying Selling Australian Dollar AUD 93.5 98.5 Bahrain Dinar BHD 419.5 421.5 Canadian Dollar CAD 111.25 116.25 China Yuan CNY 22.35 22.5 Danish Krone DKK 22.95 23.25 Euro EUR 170.5 174.5 Hong Kong Dollar HKD 20.25 20.5…
Pakistan: Share In GDP (As percent of GDP(mp)) Sectors 2014-15 2015-16 2016-17 2017-18 2018-19 Total Consumption 90.7 91.3 93.2 94.2 94.8 Private Consumption Expenditure 79.8 80.0 81.9 82.5 82.1 General Government Expenditure 11.0 11.3 11.3 11.7 12.6 Total Investment 15.7 15.69 16.2 16.7 15.4 Gross Fixed Capital Formation 14.1 14.1 14.6 15.1 13.8 Private 10.4 10.3 10.1 10.3 9.8 Public including General Public 3.7 3.8 4.5 4.8 4.0 Change in Inventories 1.6 1.6 1.6 1.6 1.6 National Saving 14.7 13.9 12.0 10.4 10.7 Domestic Saving 8.6 7.8 6.5 5.1 4.2 Foreign Saving 1.03 1.74 4.1 6.3 4.7 Source: Pakistan Bureau…
The analysis of economic survey of Pakistan FY2019 showed that the growth momentum of the Pakistani economy, at 5.5 percent in FY2018, became unsustainable because of growing macroeconomic imbalances i.e. high and rising fiscal and current account deficits. In Pakistan’s economy the twin deficits always persisted, however, in FY2018 trade deficit was historically high both in monetary value ($ 32 billion) and as a percent of GDP (10.1 percent), while the fiscal deficit stood 6.5 percent of GDP. The analysis also showed that the contained inflation and maintained exchange rate accelerated the growth in local demand. High consumption expenditure and government spending in turn led…
International experts identified that through economic policymakers the foreign exchange reserves are viewed as ‘money in the bank’ – the more, the better. Reserves are a basic pillar of the macroeconomic toolkit. The experts showed that in countries that implement fixed or partially fixed foreign exchange rate systems, they are utilized as a mean to keep the exchange rate at or near the official target or parity level. Beyond exchange rate stabilization, foreign exchange reserves are believed a main indicator of the strength of an economy, chiefly of its exporting and importing industries. Regarding foreign trade, foreign exchange reserves are often an essential requirement…
S&P 500’s biggest one-day gain since 2008 The S&P 500 on Friday notched up one of its biggest one-day gains on record, capping off a volatile week for stocks that had seen elevated fears around the spread of the coronavirus and a plunge in the price of crude oil. Wall Street’s equities benchmark soared 9.5 percent, with much of the advance coming late in the session after US president Donald Trump declared coronavirus a national emergency and laid out plans to help deal with the outbreak. The rise was the S&P 500’s biggest since October 2008, or the 10th largest…
*Imran Khan launches Data4Pakistan Prime Minister Imran Khan launching the Ehsaas District Development Portal, Data4Pakistan, said the initiative was part of the government’s commitment to reduce poverty in Pakistan, as progress and prosperity were directly connected to uplifting the impoverished. It is my belief that Pakistan where there is an ocean of poor people and few rich cannot make progress, he said, adding the Data4Pakistan portal would assist the government of Pakistan distribute development funds per people’s needs. Imran Khan said the portal would also assist identify the regions that were in most need of funds, while also offering vital…
Asia-Pacific Region Indonesian businesses look to Singapore, Malaysia for Covid-19 measures Indonesian businesses are looking at neighboring countries for coronavirus responses as Southeast Asia’s most populous country faces increasing pressure to escalate its own measures, including potentially locking down the economy. The Jakarta Post spoke to three business leaders who said a Singapore-like response, where the government allows businesses and factories to operate, was more ideal for local enterprises instead of a full lockdown. The city-state has focused on tighter border control, contact tracing, social distancing and expanding healthcare services to mitigate the spread of COVID-19. “The difference is that…
*Trends in the container market International Experts identified that this market is “the closest to the consumer” and, by its nature, the demand is strongly driven by the GDP developments globally, demographic developments and, not least, changes in per capita income in regions and large countries. Underpinning this trade is the development of goods containerisation. The Experts have seen tremendous developments in this area over the last 30-year. The Present condition is not very optimistic, with an imbalance between supply and demand. Ships on order represent approximately 25 percent of the existing container fleet. The Condition is more optimistic for…
Commodity Markets In 2020 Nickel International studies revealed that in late August 2019, Indonesia announced it was bringing forward an export ban on nickel ore (grade less than 1.7 percent) from 2020 onwards instead of the initial deadline of 2022. Mining firms were seen to be increasing their ore exports considerably, and investments into the processing sector were somewhat lacklustre. Indonesia is a main nickel ore supplier to China, exporting around 15 million tons of ore (+36 percent YoY) over the first 9-month of 2019. Indonesia’s share of Chinese nickel ore imports is around 38 percent, slightly below the top…
Ellen degeneres’ commencement speech at Tulane University Oh boy, thank you so much, thank you so much. Thank you, President Cowan, Mrs. President Cowen; distinguished guests, undistinguished guests, you know who you are, honored faculty and creepy Spanish teacher. And thank you to all the graduating Class of 2009, I realize most of you are hungover and have splitting headaches and haven’t slept since Fat Tuesday, but you can’t graduate ’til I finish, so listen up. When I was asked to make the commencement speech, I immediately said yes. Then I went to look up what commencement meant, which would…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] Central Government Debt (In Billion Rupees) *Provisional Debt Instruments As on end period Jun-18 Jun-19 Jan-19 Jan-20 A. Central Government Domestic Debt (a+b) 16,416.3 20,731.8 17,975.2 21,794.3 a. Long Term (i+ii+iii) 7,527.3 15,231.1 7,432.6 16,747.7 i. Permanent Debt (1+2+3) 4,653.8 12,080.0 4,440.8 13,317.5 1. Market Loans 2.8 2.8 2.8 2.8 2. Federal Government Bonds 3,800.0 11,183.3 3,502.5 12,581.0 Public Sector 0.0 0.0 0.0 0.0 Under E.R.O.…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market In Pakistan (Mar 13 2020) Currency Symbol Buying Selling Australian Dollar AUD 99 103 Bahrain Dinar BHD 419.5 421.5 Canadian Dollar CAD 113 117 China Yuan CNY 22.65 22.8 Danish Krone DKK 23.55 23.85 Euro EUR 175 178.5 Hong Kong Dollar…
Key Information For The Period Ended September 30, 2019. (Conventional & Takaful) Nos Name of Company Gross Conventional/ Takaful Premium/ Contribution Breakup Net Conv./ Takaful Prem. Contribution Claims First Year Premium/ Contri. Renewal Premium/ Contri. Single Premium/ Contri. Group Policies Premium/ Contribution without Net Written Prem./ Contribution Net Claims 1 Adamjee Life 2,436,820 4,638,456 732,928 525,533 7,853,821 4,489,849 2 Askari Life 59,812 11,971 12,867 87,509 109,989 44,758 3 EFU Life 4,634,537 13,906,771 771,548 41,777 21,362,872 11,772,561 4 IGI Life 422,838 1,217,115 305,147 1,646,032 3,460,450 3,586,364 5 Jubilee Life 6,757,117 22,881,355 698,149 5,990,020 35,339,470 15,788,381 6 State Life 6,473,336 44,129,547 -…
International experts revealed that it is mandatory for everyone in the developed world, to have a cover for unforeseen losses. On the other hand, the need of such an instrument is much greater in developing countries, as susceptibility to risk is high as there are very less opportunities obtainable to recover from big losses. In developing countries therefore, which are usually characterized for having low income levels, and lacking access to good health care, sanitation, education and social security systems, it is of dire significance to have such a system of risk transfer. For the wellbeing of individuals and businesses…
The Analysis of Economic Survey of Pakistan FY2019 revealed that Prime Minister’s National Health Program (PMNHP) is a milestone towards reaching the goal of acquiring Universal Health Coverage by presently launched healthcare financing system ensuring access to medical health care in a swift and dignified manner without any financial obligations. Government of Pakistan is all set to enlarge PMNHP till 2022, to offer social health protection against most of chronic and debilitating diseases/health situations to all families living below the poverty line of US$2 per day. Presently sources recorded that the federal government has renamed PMNHP as Sehat Sahulat Program.…
S&P 500’s biggest one-day gain since 2008 The S&P 500 on Friday notched up one of its biggest one-day gains on record, capping off a volatile week for stocks that had seen elevated fears around the spread of the coronavirus and a plunge in the price of crude oil. Wall Street’s equities benchmark soared 9.5 percent, with much of the advance coming late in the session after US president Donald Trump declared coronavirus a national emergency and laid out plans to help deal with the outbreak. The rise was the S&P 500’s biggest since October 2008, or the 10th largest…
*Overseas Investors Call on PM Imran Khan Presently, the Prime Minister Imran Khan said that it was their priority to facilitate business community in Pakistan and the government is committed towards bringing more ease in doing business. Sources recorded that a delegation of Overseas Investors Chamber of Commerce and Industry (OICCI) presently called on the Prime Minister Imran Khan, where the former applauded the government’s initiative for bringing improvement in Pakistan. The meeting was also attended by Adviser on Finance and Revenue Abdul Hafeez Shaikh, Adviser on Commerce and Industry Abdul Razak Dawood, Governor State Bank of Pakistan (SBP) Reza…
Asia-Pacific Region China should not rely on massive stimulus to overcome ‘unprecedented’ economic slowdown China should not try to bolster its coronavirus-hit economy by again resorting to a massive debt-fuelled fiscal and monetary stimulus programme, according to a group of government advisers. Various early indicators suggest China’s economy will slow in the first quarter of 2020, with some even suggesting it will suffer a first contraction since the end of the Cultural Revolution in 1976. This raises the question if China will miss its key 2020 growth target, with voices on both sides of the debate discussing what stimulus policies…
*Trends in the dry bulk market International study revealed that the dominant factors for the dry bulk market are commodity supply industries like energy, manufacturing and construction. As the experts have discussed in various studies, world trading activity is closely correlated to worldwide GDP levels. In the past, the economies of the US, Europe and Japan have acted as the main drivers of the dry bulk trade market. However, the contributions of China, India and Brazil are becoming more significant as these countries’ GDP growth rates are considerably higher than those of the developed countries. China is by far the…
Commodity Markets In 2020 Milk and milk products Researchers revealed that worldwide milk production is forecast at 852 million tons during 2019, a rise of 1.4 percent from 2018 – a smaller rate of growth than earlier anticipated in May, reflecting downward revisions made for India and the European Union. Much of the anticipated output expansion will originate in India, Pakistan, China, the European Union and Brazil, partially offset by falls in some countries counting Australia, Colombia and Argentina. In India and Pakistan, herd expansions drive output growth, while in China, farm efficiency improvements underpin the higher growth. In the…
Steve Jobs – How To Live Before You Die… I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I’ve ever gotten to a college graduation. Today I want to tell you.. a story.. from my life. That’s it. No big deal…. My story is about death. When I was 17, I read a quote that went something like: “If you live each day as if it was your last, someday you’ll most certainly be right.” It made…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] Special convertible rupee accounts (scra) Country During the Month (Jan, 2020 ) (Thousand US $) Inflow Outflow Cumulative Net flow Equity T.Bills PIBs Others Total Equity T.Bills PIBs Others Total Australia 0 – – – 0 132 – – – 132 (131) Bahrain 27 – – – 27 472 11,776 – – 12,248 (12,221) Canada 1,118 – – – 1,118 3,853 – – – 3,853 (2,736)…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market (Mar 06, 2020) Currency Symbol Buying Selling AUD Australian Dollar AUD 101 103.5 BHD Bahrain Dinar BHD 407 409 CAD Canadian Dollar CAD 115 117 CNY China Yuan CNY 22.1 22.25 DKK Danish Krone DKK 22.95 23.25 EUR Euro EUR 171.5…
Composition Of Payment Cards (Actual Numbers) Number of: Quarter-1 FY19 Quarter-2 FY19 Quarter-3 FY19 Quarter-1 FY19 Quarter-1 FY20p Debit Cards 22,475,259 23,303,422 23,972,022 24,831,777 25,282,706 ATMs only Cards 8,722,621 8,805,431 8,692,010 8,485,391 8,072,487 Social Welfare Cards 8,948,923 7,847,513 7,777,839 7,103,294 6,867,357 Credit Cards 1,483,730 1,522,366 1,555,508 1,589,120 1,619,343 Pre-Paid Cards 234,814 229,680 227,487 228,417 225,261 Total 41,865,347 41,708,412 42,224,866 42,237,999 42,202,113 [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″] [ads1] [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″]
Many social media firms mainly Facebook are taking good vigilance about removing coronavirus conspiracies as per studies of different sources. Facebook has continuously updating the users on the strategy to rightly know the outbreak and corresponding of misinformation spreading in the world. Mark Elliot Zuckerberg co-founder of Facebook, reiterated in a Facebook post that the platform was removing conspiracy theories connected to the coronavirus that have been flagged through worldwide health organizations, in addition to labeling coronavirus misinformation with fact check labels to let users know that such content had been rated false. Facebook has also urged and offering the…
World it is said, has become a worldwide village and this is because of prompt, easy and accessible communication. Everywhere telecom segment has altered the shape of communication and this is a hot issue presently in Pakistan. According to the statistics published through Pakistan Bureau of Statistics (PBS), Pakistan imported mobile phones worth $760.582 million during July-January (2019-20) as against to $423.818 million during July-January (2018-19), explaining a growth of 79.46 percent. Import of mobile phones has increased by 79.46 percent during first 7 months of FY2019-20. Statistics also showed that as against to the previous year, on a year-on-year…
International statistics showed that the telecom sector is a unique and vibrant industry that is constantly evolving because of the new technologies and infrastructure which continue to filter into the market. The overall global telecoms statistics are impressive and experts note that in 2020 there are around 7.7 billion active mobile broadband subscriptions globally, an enormous increase from 3.3 billion just 5 years ago, thanks in part to the deployment of 4G LTE. With mobile technologies dominating the telecommunications sector there is little doubt that the intense focus on the potential opportunities offered by 5G will continue. In 2020 there…
Nasdaq futures dip as coronavirus infects America’s tech heartland The NASDAQ index dipped 279 points on Thursday to close at 8,739. This is the latest move in a week of highly-volatile trading as the market comes to terms with the expanding coronavirus crisis. Nasdaq futures point to a weaker open on Friday with prices down around 0.90 percent in early morning trading. The NASDAQ index is especially vulnerable to the coronavirus crisis. Many of its biggest components have extensive supply chains and operations in China — the epicenter of the coronavirus outbreak. As if that isn’t bad enough, the coronavirus…
*PM tells tough times ‘over’ for Pakistan Prime Minister Imran Khan said that Pakistan’s tough days are now behind it and Pakistan is on the right track. PM made the comment while introducing the Rs15 billion ‘Ehsaas Amdan Programme’ in Layyah, Punjab. The Amdan (income) Program is one of various programs launched under this government’s Ehsaas initiative — a broad-based program to lift the most vulnerable out of poverty. The Program is aimed at creating respectable livelihood opportunities for those that are the most disadvantaged. It involves giving away of small assets to those who live below the poverty line…
ASIA-PACIFIC REGION Myanmar says air passenger numbers diving because of coronavirus Passenger arrivals at Myanmar’s three international airports have tumbled 36 percent so far in February from the prior month because of the travel curbs sparked by the novel coronavirus outbreak. There’s been a particularly pronounced drop in the number of Chinese visitors, to 2,000 a week from a usual average of about 30,000, said Ne Win, director of air transport at the Department of Civil Aviation. “The virus has negatively affected all airlines, routes and destinations,” Ne Win said in an interview Tuesday in Yangon. [divider style=”normal” top=”20″ bottom=”20″]…
*Trends in the tanker market International Experts revealed that the crude oil tanker market is currently suffering from a very depressed condition with an abundance of tonnage. Owner groups have been losing money for a long time and some firms are on the brink of bankruptcy. Significant deliveries of crude tankers during 2012 may depress rates more. Scrapping can only partly ease the problems in this market. The growth in demand will predominantly come from non-OECD countries. The product tanker market is also struggling with oversupply and is subject to continuous alters in import needs and trade patterns. The reduction…
Oilcrops International studies forecast for the 2019-20 season point to relatively balanced markets for oilseeds and derived products. After reaching an all-time high in 2018-19, global oilseed production is anticipated to contract for the first time since 2015-16, mostly reflecting expected falls in soybean and rapeseed outputs that would outweigh foreseen gains in other oil crops. Soybean production could decline short of last season’s record level, mainly as a consequence of both a contraction in plantings and lower yields in US, amid unattractive production margins and unfavorable weather situations. Regarding rapeseed, uncertain export prospects contained plantings in Canada, while in…
Brené Brown: The Power Of Vulnerability Brown went back to the research and spent years trying to understand what choices whole-hearted people, who live from a deep sense of worthiness, were making. “What are we doing with vulnerability? Why do we struggle with it so much? Am I alone in struggling with vulnerability?” Here is what she learned: We numb vulnerability — when we’re waiting for the call. It was funny, I sent something out on Twitter and on Facebook that says, “How would you define vulnerability? What makes you feel vulnerable?” And within an hour and a half, I…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market (Feb 21, 2020) Currency Symbol Buying Selling Australian Dollar AUD 105.6 107.1 Bahrain Dinar BHD 407 409 Canadian Dollar CAD 115.85 117.6 China Yuan CNY 21.85 22 Danish Krone DKK 22.05 22.35 Euro EUR 165.8 168.1 Hong Kong Dollar HKD 19.85…
Pakistan Super League 2020 Dates 20 February – 22 March Administrator(s) Pakistan Cricket Board Cricket format Twenty20 Tournament format(s) Double round robin and playoffs Host(s) Pakistan Participants 6 Matches played 34 [divider style=”normal” top=”20″ bottom=”20″] Pakistan Super League, 2018/19 / Largest Victories (by runs) Winner Margin Target Opposition Ground Match Date Scorecard Zalmi 61 runs 204 v Kings Karachi 11-Mar-19 T20 United 49 runs 239 v Qalandars Karachi 9-Mar-19 T20 Zalmi 48 runs 215 v United Karachi 15-Mar-19 T20 Zalmi 44 runs 154 v Kings Sharjah 21-Feb-19 T20 Gladiators 43 runs 181 v United Abu Dhabi 5-Mar-19 T20 Qalandars 22…
Japan stocks higher at end of trade; Nikkei 225 up 0.34pc Japan stocks were higher after the close on Thursday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.34 percent. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2139 to 1383 and 255 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00 percent to 17.04. Crude oil for April delivery was up 0.62 percent or 0.33 to $53.82 a barrel. Elsewhere…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market (Feb 14 2020) Currency Symbol Buying Selling AUD Australian Dollar AUD 104.5 106.5 BHD Bahrain Dinar BHD 407 409 CAD Canadian Dollar CAD 116 117.5 CNY China Yuan CNY 22 22.15 DKK Danish Krone DKK 22.15 22.45 EUR Euro EUR 167…
Cargo, Container Handling & Ship Movement At Karachi Port (000 tons) Fiscal Year Imports Exports Total %Change Imports Exports Total 2011-12 26,201 11,674 37,875 – – – 2012-13 26,700 21,150 38,850 2 81 3 2013-14 30,343 11,007 41,350 14 -48 6 2014-15 29,672 13,750 43,422 -2 25 5 2015-16 34,594 15,451 50,045 17 12 15 2016-17 42,638 9,855 52,493 23 -36 5 2017-18 41,669 13,016 54,685 -2 32 4 2017-18 (Jul-Ma) 31,789 9,206 40,995 – – 2018-19 (Jul-Mar) 24,945 10,415 35,361 -22 13 -14 [divider style=”normal” top=”20″ bottom=”20″] PNSC: Fleet Strength Vessel Name Bullt Deadweight Length Overall Gross MT M…
Trade logistics in today’s globalized world, plays a significant role in the value and volume of global trade and a chief barrier to trade is poor quality logistics. Through reducing the cost involved in transporting goods high quality logistics services enhance the competitiveness of a country’s exports. Researchers revealed that across the board, determinants of trade logistics, like customs procedures, tracking and tracing services, overall infrastructure and logistics competence impact trade comparatively greater than less policy-dependent trade determinants like transport and distance. Various studies also confirmed that logistics is the main component of today’s business operations and believe most critical…
In Karachi, transport-associated challenges over the previous eras, have grown significantly, resulting in a fall in efficiency, and having a huge influence on the living standards of its people. Furthermore, traffic congestion has contributed to raised air and noise pollution, leading to health challenges, high accident rates, and environmental degradation. This has also concluded a fall in living standards, as in order to avoid long commutes, citizens’ living selections have become further limited and this has decided where they live. This has often concluded in a fall in income and a decline in personal security, which has affected the most…
Stock holds record highs Stocks are holding near record highs, keeping the S&P 500 at its highest valuation since 2002, but the market looked a lot different back then. Around 20 percent of the S&P 500 is now made up of five technology companies — Apple, Google parent Alphabet, Facebook, Microsoft and Amazon. Eighteen years ago, one-fifth of the index was made up of 10 companies as diverse as Walmart, Exxon Mobil and Pfizer. One top trader says the difference between then and now is staggering. That stock leadership is clear when comparing the broad market-cap weighted S&P 500 with…
*Imran Khan plans to enlarge scope of Panagah Prime Minister Imran Khan has decided to enlarge the scope of his initiative of Panagah in Pakistan, with a vision to develop the country as an Islamic welfare state, through giving cover of social protection to poor segments of the society. Prime Minister made the statement during a meeting with his newly appointed focal person on Panagah Naseem-ur-Rehman in Islamabad. Sources recorded that they discussed the administration of shelter homes and the steps to enlarge the project during next twelve months. According to a PM office statement, a twelve month long comprehensive…
Philippines notifies US of intent to end major security pact The Philippines notified the United States on Tuesday it would end a major security pact allowing American forces to train in the country, in the most serious threat under President Rodrigo Duterte to their 69-year treaty alliance. Foreign Secretary Teodoro Locsin Jr. said in a tweet that Manila’s notice of termination of the Visiting Forces Agreement was received by the deputy chief of mission at the U.S. Embassy in Manila. The termination would take effect after 180 days unless both sides agree to keep it. Locsin signed the notice on…
Shipping in peril from the coronavirus aftermath The shipping industry as a whole is in dire straits, as a result of the negative impact from the Coronavirus. It’s not only freight rates which are crashing, but also other aspects of the industry, like for instance shipbuilding and shiprepair activity. The Shipbroker Allied Shipbroking said that “with China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry sees freight markets in a complete state of collapse as demand gets paralyzed by the ensuing effects. As a general rule…
Milk prices to stabilise in fiscal year 2020-21 Milk prices, which have risen by Rs 4-5 per litre over the past nine months, are likely to stabilise in 2020-21 as production is expected to pick up due to abundant water availability and anticipated normal monsoon, according to a report. Production of milk has been shrinking since April last year due to high summer temperatures and lower availability of water, made worse by delay in rainfall, rating agency Crisil said in the report. [divider style=”normal” top=”20″ bottom=”20″] Modest global growth for iron ore production Global iron ore production will grow modestly…
FEARLESS MOTIVATION: “IT’S NOT EASY, BUT IT’S WORTH IT” It’s easy to have FAITH everything is going to work out, when everything IS working out. It’s much harder to have faith when you are facing challenges in your life. But that is exactly when you need to apply your faith. Because faith is believing in the unseen. Faith is taking the first step. Faith is jumping in the deep end and KNOWING everything will be OK. It’s easy to be positive when everything is working out… It’s much harder, much much harder when nothing is working out…. But that’s when…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] (USD MN) End Period FE – 25 Deposits and Utilization Deposits Total Deposits / Utilization Resident Non-resident Demand Savings Time Total Demand Savings Time Total Jan-20P 2,626 2,450 1,702 6,778 435 283 101 819 7,597 Dec-19 2,663 2,437 1,760 6,860 435 280 88 803 7,663 Nov-19 2,603 2,529 1,857 6,989 435 278 90 803 7,792 Oct-19 2,727 2,614 1,760 7,101 404 275 89 768 7,869 Sep-19…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Currency Rate As Per Open Market (Rs) (Feb 07 2020) Currency Symbol Buying Selling Australian Dollar AUD 103 105 Bahrain Dinar BHD 407 409 Canadian Dollar CAD 115.5 117 China Yuan CNY 22.05 22.2 Danish Krone DKK 22.45 22.75 Euro EUR 169 171.5 Hong Kong Dollar HKD…
Province/Region Wise Break-Up Of Islamic Banking Branch Network (As of September 30, 2019) Type Bank Name Azad Kashmir Balochistan Erstwhile FATA* Federal Capital Gilgit- Baltistan KPK Punjab Sindh GrandTotal Islamic Banks AlBaraka Bank (Pakistan) Limited 3 7 – 6 2 16 102 48 184 BankIslami Pakistan Limited 3 12 – 9 2 19 95 78 218 Dubai Islamic Bank Pakistan Limited 7 5 – 11 – 8 85 84 200 Meezan Bank Limited 6 24 1 34 3 43 361 217 689 MCB Islamic Bank Limited 2 11 1 9 1 11 75 68 178 Islamic Banks 21 59…
Researchers reported that Islamic banking is now approximately 30-years old. In 1963, Islamic banking was started in Egypt; most of the biography corroborates but most of the countries within the Globe agreed and developed Islamic banking in their countries during 70s and 80s. Among all classes of the society wealth or income should be equally divided Islam believes and wealth shouldn’t stick with the rich only. In the World, being one of the most developing Muslim nations, State Bank of Pakistan (SBP) has been encouraging and getting the infrastructure for the development of Islamic Banking System in Pakistan. The Islamic…
For a stable and well-organized economic structure in any country, researchers believed that a dynamic financial system is necessary. They have also revealed that a typical financial system comprises financial institutions, financial markets, clearing and settlement houses. Chiefly, banks play a crucial role in progression and development of an economy. In Pakistan banking sector constitutes the core of the financial sector. According to the State Bank of Pakistan (SBP) as growth in the banking sector and the real economy mutually strengthen each other. Presently in the report of banking system outlook – Pakistan, Moody’s revealed that high interest rates, government…
Sensex, Nifty likely to open flat On Thursday, the Sensex had risen 163.37 points – or 0.40 percent – to end at 41,306.03 and the Nifty climbed 48.80 points to 12,137.95. Domestic stock markets are likely to start Friday’s session on a flat note amid weakness in Asian peers, after a four-day rally in which benchmark indices climbed 4 percent. The Singapore Exchange (SGX) Nifty futures – an early indicator of the National Stock Exchange (NSE) Nifty index in India – declined as much as 26.5 points to 12,103.00 ahead of the opening of Indian markets before turning flat. MCCI’s…
*Pakistan and Malaysian strategic partnership *CPEC enters in 2ND phase with SEZ On the conclusion of Prime Minister Khan’s two-day official visit to Malaysia on Wednesday, Prime Minister Imran Khan and his Malaysian counterpart Mahathir Mohamad reaffirmed their shared wish to sustain usual high-level contact and enlarge bilateral economic, trade and investment ties in diversified fields. During their one-on-one meeting and subsequent bilateral delegation meetings, Malaysia and Pakistan firmly stressed that the question of Palestine the condition in India-held Kashmir, and the Rohingya issue should be resolved on the basis of the relevant United Nations Security Council (UNSC) and General…
Are bad days in Indian economy over? There is suddenly buzz around Indian economy, once again. A survey has shown that monthly manufacturing activity for January has suddenly shot up to an eight-year high in India. This is remarkable in the sense that it definitely conveys that their is strong demand surge at the factory gates. This means consumption, which had been lying laggard, has spiked in India. Continued low consumption was being held responsible for longish economic slowdown in India. Now, the Nikkei India Manufacturing Purchasing Managers’ Index (PMI), prepared by IHS Markit, rose from 52.7 in December 2019…
Older ships are being rushed to the scrapyards Amidst a major crisis like the current one, with most of China under lock-down, the shipping industry has a solid opportunity to accelerate the decommissioning of a significant number of older vessels. And as it turns out, this has been the case so far. In its latest weekly report, shipbroker Allied Shipbroking noted that “a state of imbalance in the ship recycling market seems to have been due at this point. The dry bulk sector started on the wrong foot from the very start of the year, with the scene in the…
Coal production in North Dakota dropped 8% in 2019 Coal production in North Dakota dropped 8% in 2019, compared to the prior year. The state’s five coal mines produced 27.2 million tons of lignite, according to a trade group. The Lignite Energy Council says the reduction was mainly due to major outages at various power plants and maintenance at the Great Plains Synfuels Plant. The council represents lignite producers, electric utilities and about 250 industry-related businesses. “The lower tonnage in 2019 also resulted partially from electricity produced from other sources including natural gas, wind generation and the Garrison Dam, which…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] Balance of payments as per BPM6 (Million US$) Description Q1R FY20 Q2R FY20 Current account balance -1,492 -661 Current account balance without off. transfers -1,666 -768 Balance on trade in goods -5,048 -4,770 Balance on trade in services -1,129 -666 Balance on trade in goods and services -6,177 -5,436 Balance on primary income -1,424 -1,695 Balance on goods, services and primary income -7,601 -7,131 Secondary income…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Open Market Rates In Pakistan ( Jan 31, 2020) Currency Symbol Buying Selling Australian Dollar AUD 103 105 Bahrain Dinar BHD 407.5 409.5 Canadian Dollar CAD 116 118 China Yuan CNY 22.15 22.3 Danish Krone DKK 22.55 22.85 Euro EUR 169.5 171.5 Hong Kong Dollar HKD 19.85…
Pakistan: Export Receipts By Engineering Goods (Thousand US Dollar) Details Jul-Jun DecFY19 NovFY20 R DecFY20 P Jul-Dec FY18 FY19 FY19 FY20 P Engineering Goods 233,489 238,212 15,799 74,692 20,199 103,742 198,154 A) Electric Fans 29,265 29,088 1,811 1,308 2,029 11,428 12,106 B) Transport Equipment 32,037 39,710 880 58,301 2,704 5,976 92,421 C) Other Electrical Machinery 35,089 53,447 3,967 3,755 4,318 29,349 21,916 D) Machinery Specialized 37,084 29,220 2,146 1,709 4,233 14,677 14,812 E) Auto Parts 16,465 16,625 1,064 2,213 1,247 7,927 10,269 F) Other Machinery 83,548 70,122 5,930 7,406 5,669 34,384 46,630 [divider style=”normal” top=”20″ bottom=”20″] Production & Sale Data…
According to the Pakistan Bureau of Statistics (PBS) imports into Pakistan during December 2019 worth to Rs. 625,463 million (provisional) as compared to Rs. 612,215 million (provisional) in November, 2019 and Rs. 609,596 million during December 2018 explaining a rise of 2.16 percent over November, 2019 and of 2.60 percent over December 2018. In terms of US dollars the imports in December 2019 was $ 4,037 million (provisional) as against to $ 3,940 million (provisional) in November, 2019 explaining a rise of 2.46 percent but declined by 8.35 percent as compared to $ 4,405 million in December 2018. Statistics showed…
The Electric Vehicle (EV) policy has been presently introduced through the government of Pakistan that is expected would enhance Pakistan’s transport industry in upcoming eras. The Experts also revealed, from all stakeholders EV policy had been planned in Pakistan after incorporating consultations and will also assist increase pollution-free transport amenities. There were four major advantages of EV policy the expert also revealed as these vehicles would run on 70 percent less cost as against to its fuel-based counterpart. It is also recorded that from low running costs to being environment-friendly, in Pakistan introduction of electric vehicles would also assist cut…
Japan stocks higher at close of trade; Nikkei 225 up 0.99pc Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.99 percent. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2515 to 1060 and 204 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was unchanged 0.00 percent to 14.88. Crude oil for March delivery was up 1.42 percent or 0.74 to $52.88 a barrel. Elsewhere…
*Prime Minister Imran Khan Invites Facebook and abolish unnecessary taxes Prime Minister Imran Khan invited Facebook to consider investments to support Pakistani incubators and to assist with digital literacy initiatives. The prime minister was tallking to Ms Sheryl Sandberg, COO of Facebook, who called on him in Davos, on the sidelines of WEF Annual Meeting 2020. The Prime minister said the social media platforms should organize third party fact checking services for more responsible digital journalism. The COO Facebook enlarged invitation to the prime minister for visiting Facebook headquarters. On the other hand PM also directed to eliminate needless taxes…
CPEC: The bigger scenario Why is Washington making a song and dance about the China-Pakistan Economic Corridor (CPEC)? Are their reservations with regard to the multi-billion programme rooted in deep concerns for Pakistan’s long-term wellbeing? Do – like caring parents who believe their naive child should give a wide berth to bad company – they want Islamabad to keep the Chinese at an arm’s length? Or do the Americans look upon the corridor as a strategic ploy by Beijing to put its stamp on the region at their expense? From the American perspective, as outlined by a senior State Department…
Demolition market off to a good start Ship owners have been more active in the demolition market this week, as freight rates have retreated in most markets, triggering an exodus of older units. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it would appear that many more vessels are being talked around the market with Owners starting to consider options for their vintage units, especially as they start to adjust themselves to the IMO 2020 regulations and look for business opportunities. This has been further prompted by the Baltic dry index which has destabilized this week, especially…
PM for advanced planning to meet wheat requirement Prime Minister Imran Khan has directed for advanced planning to meet the wheat requirement of the country in the coming months and to finalize the estimates and procedures on fast track basis. He was chairing a meeting to devise a course of action regarding wheat situation in the country, national demand, and available stock and future requirements. The Prime Minister said flour is a staple food and people should not face any difficulty in its availability. Imran Khan also emphasized to give special attention on checking the hoarding and profiteering of wheat.…
Motivational Speech For Entrepreneurs JK Rowling’s life advice JK Rowling has some inspirational advice for graduating students – or for anyone in this universe, really. Her new book, out on 14 April, is her 2008 commencement speech at Harvard University. Proceeds from sales will be donated to, a charity for disadvantaged children founded through Rowling, and to a monetary aid program at Harvard. Some of her wisdom from that speech, for those of you who want to become an entrepreneur is below. *The Harry Potter author’s new book is based on an inspirational speech she gave to Harvard students* Rowling,…
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries. [ads1] Cumulative Trading Volumes Of Government Securities Month to Date: 31-Dec-19 Last Trade Details Month-to-Date Details Security Price Yield Last Volume Last Trade Date Traded Yield Total Traded Volume High Low (Million PKR) PK03TB051219 13.90% 13.15% 3,288.60 PK03TB191219 99.6707 13.40% 2.0 10-Dec-19 13.80% 13.25% 13,277.65 P03PIB291219 13.75% 13.27% 46,797.10 PK03TB020120 99.9269 13.35% 2,180.0 31-Dec-19 14.00% 13.15% 141,696.26 PK03TB160120 99.9269 13.35% 10,000.0 31-Dec-19 13.90% 12.75% 63,219.15 PK06TB160120 99.4182…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Open Market Rates In Pakistan (Rs) ( Jan 25 2020) Currency Symbol Buying Selling Australian Dollar AUD 105.25 107.25 Bahrain Dinar BHD 407.5 409.5 Canadian Dollar CAD 116.5 119 China Yuan CNY 22.15 22.3 Danish Krone DKK 22.6 22.9 Euro EUR 170.5 172.5 Hong Kong Dollar HKD…
Average Sector Wise Natural Gas Consumption in Million Cubic Feet per Day (MMCFD) (July 2018 – Feb2019) Sector Gas Consumption in MMCFD RLNG Total Power 865 546 1,411 Domestic 889 – 889 Commercial 84 5 89 Transport (CNG) 136 47 183 Fertilizer 621 24 645 General Industry 485 163 648 Total 3,080 785 3,865 Source: Ministry of Energy, Directorate General Gas [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″] [divider style=”normal” top=”20″ bottom=”20″] Net FDI In Pakistan ($ Million) Country 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 Jul-Jun FY19 (R) Jul-Dec FY20 (P) Oil & Gas 629.4 559.6 502 300.5…